Sempra Energy Common Stock (NYSE:SRE):
Sempra Energy To Report Third-Quarter 2016 Earnings Nov. 2.
The company is so far trading up since yesterday’s close of $104.53.
The company announced a dividend which was paid on Saturday the 15th of October 2016. The dividend was $0.755 per share for the quarter or $3.02 annualized. This dividend amount represented a yeild of $2.84. The ex-dividend date was Tuesday the 27th of September 2016.
Shares of the company are trading at $105.10 marginally under $105.59, the 50 day moving average and which is just under the 200 day moving average of $107.12. The 50 day moving average was down $-0.49 or -0.46% whereas the 200 day moving average was down $-2.02 or -1.88%.
The most current P/E ratio is 27.75 and the market cap of the company is 26.28B. As of the latest earnings report the EPS was $3.79 and is estimated to be $4.79 for the current year with 250,095,000 shares now outstanding. Next quarter’s EPS is estimated at $1.54 and the next full year EPS is projected to be $5.12.
Investment analysts have provided guidance on SRE recently. Goldman Sachs lowered the price target and downgraded the stock on June 5 changing the price target from $130.00 to $108.00 and setting the rating at “Neutral” which had previously been “Buy”. On June 5 the stock rating was downgraded from “Buy” to “Neutral” with a current price target of $108.00 by analysts at Goldman Sachs.
April 1 investment analysts at Barclays left the stock rating at “Overweight” but moved up the price target from $110.00 to $114.00. On February 29 Barclays made no change to the company rating of “Overweight” and lowered the price target to $110.00 from $111.00.
January 4 investment analysts at Barclays maintained a company rating of “Overweight” but lowered the price expectation from $115.00 to $111.00. On September 15 UBS made no change to the stock rating of “Buy” and lowered the price expectation from $119.00 to $108.00.